NEW YORK—Another major issuer is increasing its rewards as the holiday spending season arrives.
Fresh Today
LONDON—Moneyhub has raised $39.5 million as it seeks to expand its offerings amid the continued embrace of open finance, Pymnts.com reported.
ATLANTA–New research on digital identity, fraud, security and data privacy has found 60% of consumers don’t believe companies do enough to protect their data as demand for security grows, according to one company.
HONG KONG—The Hong Kong Monetary Authority (HKMA) is preparing to introduce the Digital Hong Kong Dollar (DHKD).
MONTPELIER, Vt.—Over the strong and public objections of its former CEO and four former board chairs, and by a narrow margin, members of Vermont State Employees CU have voted in favor of merging with Williston, Vt.-based New England FCU, which will create a $3-billion institution when completed.
ARLINGTON, Va.—Total consumer credit rose 6.5% at a seasonally adjusted, annualized rate in September and is up 7.9% compared to a year ago.
WASHINGTON—NAFCU has joined with the Defense Credit Union Council (DCUC), the Veterans of Foreign Wars (VFW), and CUNA Mutual Group to request that the NCUA amend the definition of “qualified charity” in part 721.3 of the agency’s regulations to include 501(c)(19) veterans’ organizations.
MINOT, N.D.– Town & Country Credit Union here has named a new president and CEO. The credit union said it has selected Brad Houle to lead the $642-million organization.
MADISON, Wis.– The National Credit Union Foundation is reporting more than $200,000 has been committed to its CUAid disaster relief program in the weeks since Hurricanes Fiona and Ian devastated large parts of Puerto Rico and Florida, respectively.
ST. LOUIS–In a divided America, there is one issue Americans increasingly agree one: 78% say the high rate of inflation has become a crisis, according to a new survey from Clever Real Estate.